Quote:
Originally Posted by jimjamuser
It will probably become a recession soon. The US economy depends on the world economy and visa-versa. The
US economy is NOT sealed in some hermetically sealed container. Oil and wheat prices affect all of the world's prices on about everything - goods and services. The US is ONLY 4% of the world's population.
The US government is NOT to blame. The more likely entity to blame would be the oil and gas industry and distributors than MIGHT ? have taken advantage and jacked the price of gasoline up. But, they may have just adjusted prices upward to include an UNCERTAINTY margin due to the war in the Ukraine.
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i believe we are in recession now, & have been for some months. just my opinion
